On Saturday, early trading, the market is in a weak state, continuing to look down at the bottom support!

In the early hours of the morning, the price once again experienced a slight drop, with the low point directly reaching around 94800. This drop has completely erased this week's gains, and currently, the price has warmed up, running around 96000.

From a technical structure perspective, on the daily level, the K-line is directly inserted in the middle of the running channel, with both upper and lower bands being tested, but the weak rhythm still leads to a bearish closing. Meanwhile, all indicators are converging and expanding downwards, with a sharp decrease in buying volume. Overall, the rhythm shows that the bears still have further demand for strength.